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Ravi

Ravi Mittal  |191 Answers  |Ask -

Dating, Relationships Expert - Answered on Apr 02, 2024

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Kanishka Question by Kanishka on Mar 31, 2024Hindi
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Hi Ravi, You might still remember me, Kanishka Niyogi, the one who wrote to you about a tiff with a girl of a different background. We belong to different worlds, she a rich Punjabi and I a lower middle class Bengali. After the tiff, the poor lady was shocked since I was so very rude to her. Recently she has got in touch with me again after I managed to convince her that I indeed did try to be a good friend of hers. What I'm seeking advice on is how I should assure her that I won't ever hurt her again. How can I make it up to her? Should I gift her something? While I'm not really looking to get into something deep with her, I want to remain a trustworthy friend of hers forever. How do I tell her that irrespective of how anyone treats her, she should stay confident that she's a nice woman? How do I help her raise her self esteem? Lots of questions!! Looking forward to your advise. Thanks!

Ans: Dear Kanishka,

Let's get into it one by one. How to assure her that you won't hurt her again? Well, words are not enough most of the time. That does not mean you need to buy her gifts. It's time. Time is the answer. Give her time. Let your actions speak for you. Once enough time has passed and you have held your end of the bargain, she will know that you meant what you said. You would not need to convince or assure her. Just keep being a good friend. Next, should you buy her a gift? You can if you want to; who doesn't like gifts? But that won't accelerate the process of her trusting you. How to convince her to be confident and help her raise her self-esteem? As a friend, all you can do is constantly remind her how amazing she is and all that she has achieved and point out the positives in her. That can boost her confidence. But the journey to regaining or gaining self-esteem is her own. It isn't your place to push her; just a friendly reminder now and again would be nice.

Best Wishes!

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Anu

Anu Krishna  |868 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 22, 2022

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Hello Anu,Pls help. I am in a lot of mental trauma right now. I wrote to you earlier but my article was not published. I am a 36 years male married for the last 7 years with 2 kids. Last year when I was alone and my family was at my native place, I got close to one of my female school friends who is single. We came close and talked a lot. Gradually I fell in love and gifted her close to Rs 2 lakhs rupees to fulfil her shopping and household expenses. On realising that I am being trapped with no future in sight, I asked to return my money. This infuriated the girl and she abused me citing that I am making fun of her poverty and all. I understood the situation and told her to just return Rs 25k and stop. Thereafter we started talking again but obviously the intensity reduced. Over the last 8 months, my family is back and I cannot get over her. I constantly try to ping or call her but 90% of the time she doesn’t respond. I recently sent her Rs 15k for her birthday which she accepted after initial refusal. Now when I messaged her to know how her day was, she really got angry and blocked me on all social media platforms. I reached out to her sister to assuage her and apologize. She called and really abused me citing the constant family surveillance she is under. I promised I won’t text or call her for the next 2 months. Now I don’t know what to do. Should I ask her or her sister for the money to be returned if this escalates? Because she warned me that she would report to the police if I don’t stop messaging. She fears that family members know about me. She doesn’t have parents but is under constant family surveillance. Pls suggest the next course of action. Should I cut her off completely and risk losing the 2 lakhs and gain my mental peace or try to communicate intermittently? The day she abused me I really lost my mental peace. Pls advice.
Ans:

Dear MK,

What advice can I give you when the solution is right in front of you?

She wants to get your attention and fulfil her monetary needs; that’s all, Doesn’t that tell you anything? And when you try and contact her, she says that she is under surveillance.

How much of this has affected your marriage? What exactly was the need to step out of marriage for this attention?

Sometimes, we fancy things that are prohibited and this happens when we do not feel grateful with what we have and constantly chase what we don’t have. Time to work on your marriage?

Start first by loving yourself as this will tell you how much ignoring oneself can cause havoc in core relationships. Why should your wife bear the brunt of what’s going on? Your full commitment

is what she seeks and here you are mulling over a relationship that is based on selfishness and need-basis.

Can you please re-evaluate what your priorities are and put your life back in order?

Do this for yourself and your family…Your work, health and state of mind will start to improve. It’s time you took charge and I am sure you know how to do this.

All the best!

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Anu

Anu Krishna  |868 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 19, 2022

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Anu, Request you to keep my identity anonymous.I am a 40 years old guy, happily married with two kids. I have a lot of friends and I have invariably introduced most of them to my wife.While with a previous organisation that I worked for, I met this girl (say M) and we became very good friends. M is 2½ years younger to me, is married and has kids. Much like with my other friends, I introduced M to my wife. M has also been home a couple of times during festive occasions.While so, during a family day event at office almost 5 years back, during an apparent conversation between M and me, we were engrossed in the conversation and my wife was standing right next to me. My wife thought that she was deliberately being snubbed/ignored and got offended with M's behaviour. Since then my wife developed some sort of a hatred towards M. Many a times I tried explaining to my wife that M's behaviour was not offensive and even if it was, was unintentional. It's been nearly six years since this happened, but that animosity still continues. The more I try to explain to her, the angrier she gets. We have had a lot of fights whenever this topic arises. I am scared to even pick M's calls when my wife is around. What this has done is that I started speaking to M discreetly. I had to delete all photos that I had with her. I constantly keep deleting all WhatsApp conversations and call logs that I have with her.I do not want to do all these secret things especially when I am not doing anything wrong. I want my wife to give M one more chance. My wife does not think I have a relationship with M. Her point is that I should not talk to someone who has insulted her (my wife). I think that it would not be fair for me to stop talking to M.My question is how do I instill sense into my wife? How do I convince her to give M one more chance? I don’t want to lose a good friend.
Ans:

Dear K,

If your wife has felt snubbed and you feel that she is being unreasonable, what can you do if you wife isn’t willing to befriend M?

The more you fight this, the more your wife feels that there is something going on.

Doubts in the mind spread like slow fire consuming the mind and you are adding fuel to the fire by being adamant on maintaining the connection with M.

Now you wife is convinced that she must not have anything to do with her and you should not as well.

What do you want to do? Spoil the peace at home because of an external connection?

It may not seem fair to you, but there is a reason why your wife felt snubbed by M at that time.

She is unrelenting and does not want M in the equation. Why are you fighting this?

I am asking you choose between the peace within the marriage and an external connection.

There will be a point in time when your wife will be willing to look at this objectively and that is the time to talk to her about it.

Right now, it will be like forcing her, having fights over this and maintaining a connection with M within all of this/ Do you really feel that a connection is made suppressing another one?

Connections are made in complete peace and harmony with existing connections growing because of the new one.

What you have is the existing connection being threatened because of the other.

Be patient and reasonable and wait for the time to emerge for connections to co-exist and in the meantime, reassure your wife that your marriage means a lot to you.

May not sound fair, but it’s the only way to honour the marriage.

All the best!

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Anu

Anu Krishna  |868 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 01, 2022

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Hi Anu,Hope you are well. I have recently started reading your column and I like the way you give suggestions and help people to overcome whatever issues they are going through in this beautiful journey called life.There is something that I would like to tell you and would need your suggestion and advise.There is a lady whom I know for over 4 decades living close to my house. Her father and my father are colleagues and used to work together and they are best friends. She knows me right from a very early age and she is quite elder to me by 8 or 10 years perhaps.Recently I happened to send her some MMS porn clips which I got from a group. I thought she will shout at me and block me...but she didn't do that. I still send her sometimes when I get such clips. Recently she said that this is not real. I don't know what she means by that. During my adult years when I was 21-22 years old I used to fantasise having a physical relationship with her. I had my own reasons because of the way she used to behave with me when I’d go to her house. But I never tried initiating it maybe because of lack of confidence or fear of getting scolded by her. Her kids are studying in America (masters level) and United Kingdom (graduation level).Few months ago I lied to her that there is a lady near my office who is the divorcee and is trying to get close to me physically and she is inviting me to her house a couple of times. The reason I told her this lie was to know how she will react... The moment I told her this she told me don't go to such people, just avoid her and tell her that you are in a relationship with me. I even told her that the lady who is the divorcee is asking me if I am having a physical relationship with her whom I know since childhood days. She just laughed and said your divorcee friend is mad...She even said that the divorcee friend (whom I created out of my imagination) is stuck because of my childhood friend.Whenever I ask my childhood friend to meet up she always tells me that she is busy and that she does not like anyone coming to her house because her husband might not like it.Anu what do you think? Is my childhood friend whom I know for 4 decades interested in having a sexual relationship with me but is not initiating it thinking that it will affect our married lives. Women will not do anything that will disturb their life security system. She is very rich because her husband is a corporate employee holding a leadership position and well paid around a crore per year. Will she allow me if I initiate sex with her?Please understand that I don't know how to initiate that as she doesn't want me to visit her in her house. She doesn't go out much but rather spends time home and goes out with her husband for Sunday church mass sometimes or goes to the nearby chapel for praying. I am happily married for the last 12 years.Last week also I sent her an MMS and she replied with an emoji (a grinning face with star eyes). What does this mean?Is she really wanting to have sex with me but waiting for me to initiate or she is doing time pass with me? I am willing to get physical with her.Please advise me... Thanks for reading this till the end.
Ans:

Dear SS,

Thank you for the kind acknowledgement on my columns. Much appreciated.

Why exactly is it important for you to pursue a new relationship?

As for your childhood friend, do know that being much older than you are, phases of life and its experiences are different for her than they are for you.

So, her wanting a relationship -- physical or otherwise -- maybe out of her want or lack of something in her life.

Shall we focus on you for the moment? Again, what is this interest in pursuing a relationship with her or alternatively wanting to know that if she wants one, so you can initiate it?

Where are you in terms of your ‘happily married’ life?

How does your wife feel about you being so interested in another woman besides her? Or does she not have a whiff of it as yet?

Why are you sending your childhood friend porn clips? What are you seeking from her? Or are you looking for a casual fling?

Not to sound like I am judging you here, there might be a possibility of exploring something new and different which I do see in many couples that I work with.

It could be because of the missing spark or the predictability within the marriage.

What if you spiced things up within the marriage?

Will you still feel the need to seek the company of another woman on chat or in any physical or emotional manner?

What I can suggest is: pour your energies in your marriage and it is possible that you begin to de-focus from your childhood friend and have a more meaningful connection with her.

Also, I fail to understand why she is so against you mentioning other women.

Whatever funny games that you both have been playing is rather childish testing each other and get a kick out of it.

Time to grow up and focus on your core relationships and nourish it to feel more full and content from within.

Good luck!

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Ravi

Ravi Mittal  |191 Answers  |Ask -

Dating, Relationships Expert - Answered on Nov 03, 2023

Asked by Anonymous - Nov 03, 2023Hindi
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Hi, I've been friends with a lovely girl for a while now. She's a posh Punjabi and I'm a lower middle class Bengali. Yet, we get along very well. Both of us have psychiatric issues and that has brought the two of us even closer. Once she expressed a desire to marry me. While I do want to proceed, I don't have the financial standing to do so. Besides, I thought she said so in a moment of emotional upheavel triggered by insecurity. A few days back, I felt insulted after a certain insensitive act of her's and I was pretty harsh to her that day. Ever since then she's gone silent. I believe she has gone into rehab like she once had before. It has left me wallowing in guilt. I never knew I meant so much to her. I keep tapping her mom regularly hoping that she'll call me when she's back. Please advise me on how I should deal with her if she does get in touch with me after coming back? How do I show her that I felt terribly bad after being rude to her? Should I go ahead and get more deeply involved with her if she's still willing? Lastly, how do I cope with losing her if she doesn't get in touch with me ever again? Sorry for going on and on. I hope you understand. Please help. Thank you ????
Ans: Dear Anonymous,

I am sorry to hear that you are going through such a trying time. It is evident that you deeply care for your partner and are feeling a mix of emotions. Here are some suggestions from my end that you might want to consider-

• Take some time to reflect on your feelings. Take into consideration what you want from the relationship. As you have mentioned earlier, you two come from different backgrounds, make sure that does not pose an obstacle in the future if you happen to apologize and fix your relationship now.
• Coming to apologizing, if she gets in touch with you, be honest about your feelings. Apologize sincerely and use your words first to explain how sorry you feel for your rude behavior and later express that in actions too. Let her know that you did not mean to hurt her, but most importantly, you recognize your mistake and you are not trying to hide behind your apology.
• If she is still willing to build a relationship with you, you need to tread carefully, first taking into consideration your feelings.
• If she does not want to take things ahead, listen carefully to what she says and try to look at things from her perspective.
• It is important to acknowledge the possibility of her never reaching out. In that case, coping might be challenging but it is doable. Take it one day at a time and one step at a time, starting with self-care. Find your closest people and lean on them for support. There's no shame in needing extra help to get you through heartbreak. Engage in activities that make you happy and don't ever think that this is the end. It might feel so at the moment, but this too shall pass.

Best Wishes!

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Dr Ashish

Dr Ashish Sehgal  |97 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 20, 2024

Asked by Anonymous - Feb 19, 2024Hindi
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Hi. I am Sumeet I am happily married. And love my wife and our two kids.I had a female friend in our engineering college I had crush on her and I have said her this. She is happily married and I am very happy for her. I was in touch with her but now some how our companies in which we work have joint ventures and we both are working on same project. Initially she was nice to me but one day, we had phot session and I decide to click one with her and I simply par her shoulder back and kept for photo click but she got too angry and I apologised to her for whole day. But then she did not talk properly henceforth. I felt I am molester and I visit psychiatrist they asked me to forget that incident and move. Now she does not talk with me nicely.i don't know what should I do.
Ans: It's understandable that this situation with your former college friend is causing you stress and confusion. However, it's important to acknowledge that touching someone without their consent, even if unintentional, is never acceptable. Even though you meant no harm, it's crucial to respect your friend's boundaries and understand her reaction.

Here are some suggestions for navigating this situation:

1. Respect your friend's boundaries: While your intentions might have been innocent, it's clear your friend felt uncomfortable with the physical contact. Respecting her boundaries and apologizing sincerely are crucial steps. It might be helpful to have a brief, direct conversation where you reiterate your apology and emphasize that you understand and respect her discomfort.

2. Maintain professionalism: Given that you're working on the same project, maintain a professional and respectful distance. Avoid initiating personal conversations or any physical contact. Focus on work-related communication and interactions.

3. Reflect on your actions: Consider seeking professional guidance from a therapist to explore your thought patterns and behaviors concerning personal boundaries. This can help you develop healthier ways to interact with others and avoid similar situations in the future.

4. Forgive yourself: Remember that while it's important to acknowledge and learn from your actions, dwelling on guilt won't be productive. Forgive yourself for the unintentional mistake and focus on moving forward with respect and understanding.

5. Focus on your marriage: Remember that you have a loving wife and family. Reinvest your energy into strengthening your relationships with them and prioritize their well-being.

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Latest Questions
Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

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Pls suggest me 5 best SIP for 10 year duration
Ans: Great! You're thinking long-term! SIPs are a super way to grow your money for big goals like retirement or your child's education. Here are some ideas for funds that might be a good fit for a 10-year investment horizon:
1. Equity Funds with a Diversified Focus
Imagine a basket filled with colorful candies – some sweet, some sour. Equity funds are like that basket, but instead of candies, they hold different company shares. A diversified equity fund spreads your money across many companies in various sectors. This helps balance risk – if a few companies do poorly, the good ones can help balance things out. Over 10 years, equity funds have the potential for good growth, though remember, stock markets can be bumpy along the way!

2. Sectoral Funds – Invest in a Growing Trend
Think of these funds as baskets filled with just one kind of candy, maybe all chocolate! Sectoral funds focus on a specific industry, like technology or healthcare. These can be great for growth, especially if you believe a particular sector will outperform the broader market. But remember, they also carry more risk because you're putting all your eggs in one basket. So, choose wisely and make sure this aligns with your risk appetite.

3. Flexi-Cap Funds – Flexibility is Key
Flexi-cap funds are like those awesome kids who can play with any group. They invest across large, mid, and small-cap companies, giving you a good mix of growth potential and stability. This flexibility helps them navigate different market conditions. They can be a good option if you want a balanced approach within the equity space.

4. Balanced Funds – A Mix of Stocks and Bonds
Balanced funds are like those lunchboxes with both chips and a sandwich. They combine equity and debt investments (like bonds) in a single portfolio. The stock portion offers growth potential, while the debt portion provides stability. The asset allocation (mix of stocks and bonds) can vary depending on the fund's objective. These can be suitable if you want some growth but also prioritize capital protection.

5. Hybrid Funds – Tailored to Your Risk Appetite
Hybrid funds are like lunchboxes that come in different flavors – some with more chips, others with more sandwiches. They offer a wider range of asset allocation options compared to balanced funds. You can choose a hybrid fund that leans more towards equities for higher growth potential or one with a greater debt allocation for more stability.

Remember, choosing the right SIP depends on your risk tolerance, financial goals, and investment timeframe. It's always a good idea to discuss your options with a Certified Financial Planner like myself to create a personalized investment plan.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

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I m 39 yrs old. Want to invest in SIP's. I m getting 45 k in hand. How much amount should I invest in multiple SIP's and suggest which SIP's give return higher side. Nitesh Kumar
Ans: Strategizing SIP Investments for Optimal Returns

Assessing Your Investment Capacity

At 39, prioritizing systematic investment plans (SIPs) is a prudent step towards long-term wealth accumulation. With ?45,000 available for investment, let's devise a strategy tailored to your financial goals and risk appetite.

Determining Allocation

To maximize returns while managing risk, diversifying your SIP investments across multiple funds is advisable. Allocating funds based on your risk tolerance and investment horizon is crucial for achieving optimal results.

Allocation Breakdown:

Equity Funds: Allocate a significant portion, around 70%, to equity-oriented SIPs for their potential to deliver higher returns over the long term. These funds are suitable for investors with a moderate to high-risk tolerance and a long investment horizon.

Debt Funds: Allocate the remaining 30% to debt-oriented SIPs to provide stability and cushion against market volatility. Debt funds are ideal for investors seeking steady income and capital preservation with lower risk.

Selecting SIPs for Higher Returns

While past performance is not indicative of future results, selecting SIPs with a track record of consistent performance and managed by reputable fund houses is essential. Look for funds with a proven track record of delivering competitive returns relative to their benchmark indices and peer group.

Recommendations for Equity SIPs:

Large-cap Equity Funds: These funds invest in established companies with stable earnings and strong fundamentals. Examples include funds that track the Nifty 50 or Sensex indices.

Multi-cap Equity Funds: Offering diversification across market capitalizations, multi-cap funds invest in companies across the growth spectrum, providing exposure to both large and mid-cap segments.

Mid & Small-cap Equity Funds: These funds focus on mid and small-cap companies with high growth potential. While offering the potential for higher returns, they also entail higher risk and volatility.

Recommendations for Debt SIPs:

Short-term Debt Funds: Invest in instruments with shorter maturity periods, offering stability and relatively higher yields compared to traditional fixed deposits.

Liquid Funds: Ideal for short-term investments, liquid funds provide high liquidity and stability with minimal interest rate risk, making them suitable for parking surplus funds.

Conclusion

In summary, allocating your ?45,000 monthly investment across equity and debt-oriented SIPs can help you achieve a balanced portfolio geared towards long-term wealth creation. By selecting SIPs with a consistent track record and aligning them with your risk profile and investment horizon, you can optimize returns while mitigating risk.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 15, 2024Hindi
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I am planning to get married next year end (Dec 2025). Im planning to get a head start to my married life by having a sum of money. Im planning to invest 12k every month. Which do you think is best option i can choose. The option i had in my mind is split 12k and add in MF and RDS. Can you please guide me what is best option?
Ans: Building a Financial Foundation for Marriage

Understanding Your Goals

Embarking on your journey towards marriage is an exciting step, and planning your finances early on reflects prudence and foresight. Let's explore the options to optimize your investment strategy.

Option Analysis: MF vs. RDS

Mutual Funds (MF):

Advantages: Offers potential for higher returns through diversified investment portfolios managed by professionals.
Disadvantages: Subject to market volatility, requiring a long-term investment horizon for optimal results.
Recurring Deposit Scheme (RDS):

Advantages: Provides a fixed return with minimal risk, suitable for short to medium-term goals.
Disadvantages: Typically offers lower returns compared to equity investments, may not outpace inflation.
Evaluating Your Options

MF Investment:

Pros: Potential for higher returns over the long term, conducive to wealth accumulation and capital growth.
Cons: Subject to market fluctuations, requires patience and risk tolerance.
RDS Investment:

Pros: Provides a stable, fixed return, offering security and predictability.
Cons: Limited growth potential compared to equity investments, may not maximize wealth creation.
Recommendation

Considering your goal of building a sum of money for your married life, a balanced approach combining both MF and RDS investments could be advantageous.

Allocate a portion of your monthly investment towards MFs to harness their growth potential and capitalize on market opportunities. Simultaneously, earmark a portion for RDS to ensure stability and security, especially considering your short-term timeline.

Example Allocation:

Invest 70% (?8,400) in MFs for long-term growth potential.
Allocate 30% (?3,600) towards RDS for stability and short-term liquidity.
This approach allows you to benefit from the growth potential of MFs while mitigating risk through the stability offered by RDS. Regular review of your investment portfolio with a certified financial planner can further optimize your strategy based on changing market conditions and personal goals.

Conclusion

In conclusion, a balanced approach combining MF and RDS investments enables you to build a solid financial foundation for your married life. By diversifying your investment portfolio, you can maximize returns while minimizing risk, setting the stage for a prosperous future together.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

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I am 64, retired from private sector. I have SCSS & FD of 57-L - SCSS maturing mid-2025. I had invested jointly most of my savings in MF-sector in 2017(@57) - which has grown thrice since. Since my wife's sudden demise (2019), I had been redeeming considerable amounts & topping-up both my son's portfolios, at intervals(though both are 50-50 nominees to all my portfolios). Kindly advice if the above process is better than making a will with details ? Do you have to register the will ? What is the procedure ?
Ans: Losing a spouse is not just emotionally challenging but can also impact your financial plans. Firstly, my sincere condolences for your loss. Your proactive approach in reassessing your financial strategy reflects wisdom and foresight.

Reviewing Current Strategies

You've opted for a hands-on approach, redirecting funds from mutual funds to support your son's portfolios. While this aids in wealth transfer and may provide comfort, it's essential to evaluate its long-term efficacy.

Comparing Strategies: Direct Support vs. Will

Direct Support:

Immediate assistance to beneficiaries.
Offers control and satisfaction in assisting loved ones directly.
Potential tax implications and estate distribution complexities.
Will Preparation:

Comprehensive documentation of wishes.
Facilitates smooth wealth transfer.
May involve legal costs and probate delays.
Advantages and Disadvantages

Direct Support:

Advantages: Provides immediate financial assistance, fosters family harmony.
Disadvantages: Potential tax consequences, lack of legal protection, unequal distribution risks.
Will Preparation:

Advantages: Ensures assets are distributed as per your wishes, minimizes family conflicts.
Disadvantages: Legal expenses, potential probate delays, lack of immediate support.
Recommendation

Considering your current approach, while supporting your son is commendable, it's prudent to complement it with a comprehensive will. A will ensures your entire estate is distributed according to your desires, minimizing confusion and potential disputes among beneficiaries.

Procedure for Will Preparation

Consult a Professional: Seek assistance from a legal expert or estate planner to draft a will tailored to your requirements.
Documentation: Gather all relevant information regarding your assets, liabilities, and beneficiaries.
Drafting: Work with the professional to outline your wishes clearly and comprehensively.
Review and Finalization: Carefully review the draft to ensure accuracy and alignment with your intentions.
Execution: Sign the will in the presence of witnesses as per legal requirements.
Storage: Store the will securely and inform trusted individuals of its location.
Conclusion

In conclusion, while your current approach of direct support to your son has its merits, complementing it with a will ensures comprehensive estate planning. This dual strategy provides immediate assistance while safeguarding your legacy and minimizing potential conflicts. Consultation with a certified financial planner and legal expert can further refine your strategy to align with your goals.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

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I do SIP of rs 8k per month since 6yrs in SBI bhuechip -2k, SBI focused equity -2k, HSBC small cap -2k, Canararobecco em eq. -2k .Wanted to increase upto 12k per month.Now i am 41 and moderate. Suggest modifications for long term pls.
Ans: Your commitment to systematic investing is commendable, and I'm here to assist you in optimizing your portfolio for long-term growth and stability.

Understanding Your Current Portfolio
Your SIP investments reflect a diversified approach, spanning large-cap, focused equity, small-cap, and emerging market equities. This blend offers exposure to various market segments, mitigating risk and maximizing growth potential.

Assessing Risk Tolerance and Investment Horizon
As you approach your 40s, it's crucial to reassess your risk tolerance and align your investments with your long-term financial goals. Considering your moderate risk appetite and long investment horizon, we'll tailor a strategic plan to optimize returns while managing risk.

Proposed Modifications
Diversification: Expand your portfolio to include additional asset classes like debt funds or hybrid funds. This diversification can provide stability during market downturns while still offering growth opportunities.

Equity Allocation: Given your moderate risk profile, consider rebalancing your equity allocation to reduce exposure to volatile segments like small-cap and emerging market equities. Focus on quality large-cap and focused equity funds for steady growth.

Systematic Increase: Gradually increase your SIP contributions to 12,000 per month, allowing for incremental growth while maintaining discipline in your investment approach.

Periodic Review: Regularly review your portfolio's performance, market trends, and personal financial goals. Adjust your investment strategy as needed to stay aligned with evolving circumstances.

Benefits of Active Management
Active fund management offers the advantage of professional expertise and adaptability to changing market conditions. Skilled fund managers actively research and select stocks, aiming to outperform the market and deliver superior returns over time.

Disadvantages of Index Funds
Index funds may lack the flexibility and potential for outperformance offered by actively managed funds. They're inherently tied to the performance of the underlying index, limiting opportunities to capitalize on market inefficiencies or emerging trends.

Conclusion
By strategically modifying your portfolio, you can optimize returns and mitigate risk, ensuring a secure financial future. As a Certified Financial Planner, I'm committed to guiding you on this journey towards financial prosperity and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Money
Hi Sir, My name is Krishna & I am 38 years old and I have a savings of around 40Lakhs in bank in FD's and I started investing 20000 every month from Jan-2024 in these mutual funds [DSP Nifty 50 Equal Weight Index Fund Direct-Growth, HDFC Index Fund Nifty 50 Plan - Direct Plan, Nippon India Large Cap Fund - Direct Plan, Edelweiss Large Cap Fund - Direct Plan, ICICI Prudential Bluechip Fund - Direct Plan-Growth, Kotak Emerging Equity Fund - Direct Plan, Motilal Oswal Midcap Fund - Direct Plan,Axis Small Cap Fund - Direct Plan, Kotak Multi Asset Allocator FoF - Dynamic - Direct Plan, Edelweiss Aggressive Hybrid Fund - Direct Plan]. I checked through money control and value research before investing in these mutual funds. Please let me know if my investments are good?
Ans: Hello Krishna,

Your commitment to financial planning and investment is commendable. Let's analyze your mutual fund portfolio to ensure it aligns with your goals and risk tolerance.

Portfolio Composition
Your portfolio comprises a diverse range of mutual funds, spanning various categories including large-cap, mid-cap, small-cap, index funds, and hybrid funds. This diversified approach spreads risk across different market segments and investment styles.

Fund Selection
Index Funds: Investments in index funds like DSP Nifty 50 Equal Weight Index Fund and HDFC Index Fund Nifty 50 Plan provide exposure to the broader market, capturing the performance of the Nifty 50 index constituents.

Active vs. Passive Management:
While you've included both actively managed mutual funds and index funds (ETFs) in your portfolio, it's important to understand the differences between the two. Actively managed funds aim to outperform the market through active stock selection and portfolio management, while index funds passively track a specific index's performance.
Benefits of Actively Managed Funds:
Actively managed funds offer the potential for higher returns compared to index funds, especially during market inefficiencies or when skilled fund managers can identify lucrative investment opportunities. Additionally, active management allows for flexibility in portfolio construction and adjustments based on market conditions.
Potential Disadvantages of Index Funds:
While index funds offer low expense ratios and broad market exposure, they may lack the potential for outperformance compared to actively managed funds. Additionally, they're subject to tracking error, which occurs when the fund's performance deviates from the index it's designed to replicate.

Large Cap Funds: Nippon India Large Cap Fund, Edelweiss Large Cap Fund, and ICICI Prudential Bluechip Fund offer stability and growth potential by investing in established companies with strong fundamentals.

Mid Cap and Small Cap Funds: Motilal Oswal Midcap Fund and Axis Small Cap Fund aim to capitalize on the growth potential of mid-sized and small-sized companies, albeit with higher volatility.

Hybrid and Multi-Asset Funds: Kotak Multi Asset Allocator FoF - Dynamic and Edelweiss Aggressive Hybrid Fund provide a blend of equity and debt exposure, suitable for investors seeking balanced returns with lower risk.

There are some advantages to consider direct funds, and the cost savings can be significant in the long run. However, there are some potential benefits to using a regular MFD:
Advantages of Investing Through a Mutual Fund Distributor (MFD):
• Personalized Advice: MFDs can be helpful for beginners or those who lack investment knowledge. They can assess your risk tolerance, financial goals, and investment horizon to recommend suitable mutual funds. This personalized guidance can be valuable, especially if you're new to investing.
• Convenience: MFDs handle all the paperwork and transactions on your behalf, saving you time and effort. They can help with account setup, SIP registrations, and managing your portfolio across different funds.
• Investor Support: MFDs can be a point of contact for any questions or concerns you may have about your investments. They can provide ongoing support and guidance throughout your investment journey.

Fund Research
Cross-referencing your fund selections with reputable sources like Moneycontrol and Value Research is a prudent approach. These platforms offer valuable insights into fund performance, risk metrics, and portfolio composition, aiding informed investment decisions.

However, relying solely on mutual fund ratings overlooks individual financial goals and risk tolerance. Ratings may not account for changing market conditions or long-term performance. Blindly following ratings can lead to a mismatched portfolio, potentially resulting in suboptimal returns and increased investment risk over time.

Continuous Monitoring
Regularly reviewing your portfolio's performance, fund ratings, and market dynamics ensures alignment with your financial goals and risk appetite. Periodic rebalancing and adjustments may be necessary to optimize returns and manage risk effectively.

Conclusion
Your mutual fund portfolio exhibits diversity and a thoughtful selection process, indicating a sound investment strategy. By staying informed, maintaining a disciplined approach, and periodically reassessing your investments, you're well-positioned to achieve your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 15, 2024Hindi
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Money
I am 33 years old living with my wife. Our monthly expenses are 30000 per month. We have a corpus of 1.6 cr, invested in mutual funds, PF and sovereign gold bonds. We do not want to have kids, we already have a house(hence we will not need to pay any rent) and our parents are not dependent on us and have medical insurance as well. We are assuming a return of 10 percent on current portfolio and expect to live till the time we are 90(my wife is currently 28). What should be the retirement that we will need to build?
Ans: Your proactive approach to financial planning is commendable, and I'm here to assist you in charting a path towards a secure and fulfilling retirement.

Assessing Current Financial Situation
With a monthly expense of 30,000 and a corpus of 1.6 crores invested across mutual funds, PF, and sovereign gold bonds, you've laid a solid foundation for your financial future. Your decision not to have children and already owning a house alleviates significant financial burdens.

Estimating Retirement Needs
To determine the retirement corpus required, we'll consider factors like inflation, lifestyle expectations, and longevity. Assuming a 10% annual return on your current portfolio and a lifespan of 90 years for both you and your wife, we can project your retirement needs.

Calculating Retirement Corpus
Using a conservative estimate and factoring in inflation at 6-7% annually, we can determine the corpus required to sustain your lifestyle till age 90. This entails covering monthly expenses, occasional expenses, and unforeseen circumstances.

Strategic Planning
Retirement Corpus Calculation: Based on your current expenses, inflation, and expected returns, we can compute the retirement corpus needed to maintain your lifestyle.

Investment Strategy: Given your risk tolerance and investment horizon, a balanced approach comprising equity, debt, and other asset classes can optimize returns while mitigating risk.

Regular Review: Periodically reassessing your financial plan ensures alignment with evolving goals, market conditions, and life circumstances.

Conclusion
By proactively planning for retirement and leveraging your current financial resources, you can achieve financial independence and enjoy a comfortable lifestyle throughout your golden years. As Certified Financial Planners, we're committed to guiding you every step of the way on your journey towards financial security and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 15, 2024Hindi
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Hi sir m 28 n m investing 10k monthly in sbi mid cap fund n 6k monthly in sbi contra fund for 15 yrs ..how much should I expect in return on maturity
Ans: Your commitment to systematic investment plans (SIPs) reflects a prudent approach towards wealth accumulation at a young age. Let's analyze the potential returns from your investments over a 15-year horizon.

Understanding Investment Strategy
Investing 10,000 monthly in SBI Mid Cap Fund and 6,000 monthly in SBI Contra Fund for 15 years signifies a blend of growth and value investing strategies. These funds offer exposure to mid-cap stocks (SBI Mid Cap Fund) and undervalued stocks (SBI Contra Fund), aiming to capitalize on growth opportunities and market inefficiencies.

Estimating Returns
While it's challenging to predict exact returns due to market fluctuations, historical performance can provide insights. Mid-cap and contra funds typically offer higher returns compared to large-cap funds but come with increased volatility.

Considering an average annual return of 12-15% for mid-cap funds and 10-12% for contra funds over the long term, we can project the cumulative returns on maturity.

Calculation Example
Let's assume:

SBI Mid Cap Fund: Average annual return of 14%
SBI Contra Fund: Average annual return of 11%
Using these figures, we can estimate the future value of your investments using a SIP calculator or similar tool.

Conclusion
While precise returns may vary based on market conditions, economic factors, and fund performance, your disciplined approach to SIPs lays the groundwork for wealth creation over the long term. By staying invested and periodically reviewing your portfolio, you can maximize the potential returns and achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 15, 2024Hindi
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Money
Hello Sir, am 50 years old and kind of semi retired. I have 2 kids age 9 and 16. The following is my asset portfolio as of now: 1) Savings - Cash - around 15 L 2) Real estate property - multiple - total of around 4 Cr. 3) MF investments - around 1 Cr - primarily spread across Index funds, Balanced Advantage Funds, Large, Mid, Small and Micro cap funds 4) Equity investments - around 30 L 5) SGB - around 10 L. I do have a health insurace coverage of 10 L yearly for my family and additional 10 L for my parents. Am able to generate around 12-15% / year XIRR from my MF's and Equity investments. My yearly expenses are around 12 L - excluding any vacation travel. The future pending money flow would be for kids education and marriage.. for which I need to plan. Will this suffice? Should I divest from real estate and invest in the equity market? Please advise. Regards
Ans: Your detailed portfolio and thoughtful concerns reflect a proactive approach to financial management, especially considering your semi-retired status and responsibilities towards your children's future. Let's delve into your current situation and chart a course forward.

Assessing Asset Portfolio
Your asset allocation showcases a well-diversified portfolio, encompassing cash, real estate, mutual funds, equity investments, and Sovereign Gold Bonds (SGBs). This diversified approach provides stability and growth potential across various asset classes.

Analyzing Returns and Expenses
Generating a healthy XIRR of 12-15% from your mutual funds and equity investments is commendable, indicating sound investment decisions and portfolio management. Your yearly expenses of 12 lakhs are well within your means, ensuring financial sustainability.

Planning for Future Expenses
With children's education and marriage on the horizon, it's prudent to strategize to meet these financial obligations. Assessing the projected costs and timelines for these expenses will facilitate effective planning and allocation of resources.

Real Estate vs. Equity Investments
Considering the illiquidity and management overhead associated with real estate, it's worth evaluating whether divesting from some properties and reallocating the proceeds into the equity market aligns with your goals and risk appetite. Equity investments offer liquidity, potential for higher returns, and ease of portfolio management.

Crafting a Strategic Approach
Review Real Estate Holdings: Assess the performance and potential of each property in your portfolio. Consider divesting from underperforming or non-strategic properties to unlock liquidity and rebalance your portfolio.

Allocate Proceeds: Allocate the proceeds from real estate divestment strategically, considering your risk tolerance, investment horizon, and financial goals. Diversifying into mutual funds, direct equity, or other investment avenues can optimize returns and align with your objectives.

Monitor and Adjust: Regularly review your portfolio performance, expenses, and financial goals. Adjust your asset allocation and investment strategy as needed to adapt to changing market conditions and life circumstances.

Conclusion
Your conscientious approach to financial planning and investment management lays a strong foundation for achieving your future goals and aspirations. By reassessing your asset allocation, strategically divesting from real estate, and optimizing your investment portfolio, you can further enhance your financial well-being and secure a prosperous future for yourself and your family.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 15, 2024Hindi
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Money
Hello Sir, I am 37 year old and planning to start SIP of 10,000 pm. Please advice on how many funds I should distribute the amounts and which fund I need to go for invest. I am going to hold this SIP investment for 10 to 15 years for retirement and children education.
Ans: Embarking on a systematic investment plan (SIP) is a prudent step towards securing your future and your children's education. Let's tailor a strategy that aligns with your objectives.

Understanding Investment Allocation
Diversification is key to mitigating risk and maximizing returns over the long term. Distributing your SIP amount across multiple funds offers a balanced approach to wealth accumulation.

Fund Allocation Recommendations
For a SIP of 10,000 per month, consider allocating funds across two carefully selected categories: Large Cap and Mid Cap.

Large Cap Funds
Investing a significant portion, say 70%, in Large Cap funds provides stability and steady growth. These funds typically invest in established companies with a track record of performance and stability.

Mid Cap Funds
Allocating the remaining 30% to Mid Cap funds introduces an element of growth potential. Mid Cap funds invest in companies with medium market capitalization, offering the opportunity for higher returns over the long term.

Fund Selection Criteria
Opt for actively managed funds with a proven track record of consistent returns and experienced fund managers at the helm. Prioritize funds with low expense ratios and a focus on capital preservation.

Conclusion
By diversifying your SIP across Large Cap and Mid Cap funds, you strike a balance between stability and growth potential, aligning with your long-term goals of retirement and children's education.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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